RBI to procure 50 note verifying machines
As per the Request for Proposal (RFP), the machines should be computer based and microprocessor controlled and capable of processing, counting, sorting and authenticating banknotes into 'fit for circulation', 'unfit for circulation', 'reject notes', 'suspect/forged notes', and 'emission-wise sorting on design and series', among other categories.
People queue up outside Reserve Bank of India to exchange demonetised notes. Photo: IANS